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HomeMy WebLinkAbout0067 . Y , ' 8. That (a! in the event ot any breucA ot thla mortgage or detault on the pxrt ot the Atortgagor, or Ib? tn the event any o[ said sums ot money herein re[erred to be not prompUy and fully paid w~thin ten daya ACXL atter the same severally becume due and payable, without demand o~ not~ce, ur tc1 in tAe event each and ev9ry ; the aupulations, agreemc~ts. conditions and ~v~venant~ of sa~d prom~ssory nuie and this mortgage, any or elther, ~ ue not duly. pmmptiy and fully performed, dischar~ed, executed, et[ected, completed, complied wilh and aDided by. then, in e~ther or any such event. the said aggregate sum mcnuoned m s1~d pr~m~sso~y note then remaining unpaid, with interest acerucd, and all moneys secured hrreby, ahall become due and pa~•able forth~vith. o~ there- ' after. at the option of said Mortgagee. as fully and completcly as if all of the sa,d sums oi money were originally atipulated to be paid on such day, anything in said promissory note, and~'or in tt?:s mortgage to the contrary not • w3thstanding; and thereupon or thereafter at the option of said rlortsagee, ~vithout notice or demand~ suit at law or ia equlty, tharetofore, or theteafter begun, may be prosecuted as ~t all moneys secured hereby had maWted peior to Its instlwtion 7. That in the event that at the beginning of or at any time pending any suit upon thia mortgage. or to = foreclose it, or to nform it. and/or to enforce payment of any claims hereunder, said Diortgageo shall spply to the couct having jurlsdictlon thereof for the appointment ot a Receiver. auch court shall torthwith appoint a Receiver of said mortgaged ptoperty aU ard singular. including aU and aingular the rents. lncome. profits, iaaues and revenuea irom whstever source derived. each and e~ery of which, it be;ng expressly understood, is hereby mortgaged a+ it apecifically set forth and descriEed in the ge~sutting and habendum clauses hereof. and auch Receiver ahell have aU the broad and effective functions and ~w~~•ers in any~vvise entrusted by a court to a Receiver. and such appointment shall be made by such court a~ an admitted equity and a matter of ab- solute right to said Mortgagee. and without reterence to the adequacy or inadequacy of the value ot the prop- erty mortgaged or to the aolvency or insolvency of aaid 1?iort~agor and/or ot the defendants. and that such nnts. protits. income, is~uea and re~ enues shall be applied by such Iteceirer according to the lien and/or equity of said Mortgagee and the practice oi such cour~ . ~ 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligalion above described any additional loans or tuture advances made within twenty years from date herect by tha mortgagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed- provided that the total unpaid balance of the indebtedness secured hereby at any one time shali not exceed the maximum principal amount of _ . . _ _ _ _ _ _ _ _ Dollars (S plus interest there.~n and any disbursements made by the mortgagee for the pay- mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursementc. ~ II~T WITPTES3 ~VHEREOF. the said Mortgagor has executed thin mortgage under aeal on the day and year herein nrst above w?rtttea. Signed, sealed and dellvend in the preaence of: ~ SEAL) ~ ; ~ ~ thur L. C orace _ " _ . ~ ~ L) ' ~ Beatrice F. Corace ~ ~ srwz~ oF.._~Flo i _ ~ _ _ - ~ ~ COUNTY OF. . •,,.~;!mn:~~,,, ~ _ . ~ ~ s~rore me ~~onwy ap~a..._.._..__~~~' L.~Corace and Leatrice F~_Cor~~e,;.~is:~i~ ~ ~ .._......._.._.~..~w.....__......_.....__.._.__.._......_....._..__--------------------- , . ~ s ~ to me well known and known to me to he the individua3S_. described in and who executed the fo~~eifig ~ntrn- ' ment, and acknowledged before me that .~hey executed th~ e for the purposes therein expressed: = ~ _ ~ /a- : : --::r:= i WTPNESS my hand and oiflcial eeal this_. ..........day oL._...~ '.;18~~. ~ f ~ a • ~l~~ . j t ~7~` N Public in and for ; ~ Gg cn cuuncy ana stace wroresa~a. t~ ~ ~ 3 ~ , v ~y ~~~~STAiE OF FICR A A1 :"k ~ ~ STATE OF..__ b MY COMMISSION EXPIR~S AF'rcll 30, 1973 ~ COUNTY OF.----•-•-----......_._.._...__...._..... ~ s~. 80NDED THltU fRED W. DIESTElti0RS1 , F i Pe Y PP~ , Betore me reonall a ~ to me well known aad ' ind»...._.» . i lcnown to me to be the.._...__..~.._..._.__._._.__.Preaident and 3ecretar7 ~ ~ Y ~ respecttvely of the corporation ~ ~ named in the foregoing Instrumeat, and Imown to me to be ths perso~n~ who as auch ofscers o! said corporatton. ~ ~ ~ executed the same; and then aad there the sai~......_.._.._.___...._._.--° .md the sald j ~ ..r..d1d aalmowledge betors me tbat said ; ~ instrument is the tree ut aud d~cd of aaid corpore~tion by them respectlvely e:ecuted as su~ch ofAcers for tts~ ~ ~ Purposes thereia exPressed: that the seal thereunto attached is the corporste ~eal by them ia like capaclty ai- ~ ~ tiued; all undar ai~tbodty in Lhem duly vated by tLe Board of Directors ot said oorpontior _ y ~ WITNTE38 my hand at?d ottlcial ~e~al this_...__... ..._day C~._...... . 1~._._._ ~ ~~~~D AND RECORCFp ' ~ ~ 'T COUNTY, FL~. No~puDUc tn ai.,1 tor ~ ~ ~ ~ E~ j` nitii~. ~f ~ ri 1 F I F[~ th ty and S`~:~+ atoreeatd. ~ i y~ ~(1 ~ l~j? oommfe~ion expir~~: v'~~+V ~ '69 ,Irl~' y ~ . i~, PM 4 I 9 ~ - ~ f,~qG~l~ : OtTr~~g ~ ~ - c~~~~ c~~cu~r couRr o R 1?8 Pacf ~ ~ ~ aoa~ ~ ~ z - . ~ _ . _ - - ~